Bitcoin Poised to Break $109,000 All-Time High Sooner Than Expected, Says Real Vision’s Jamie Coutts

On March 28th, in a recent report from Cointelegraph, Jamie Coutts, Chief Cryptocurrency Analyst at Real Vision, emphasized that Bitcoin may soon challenge its previous all-time high of $109,000. He remarked that the current fluctuations in the US macroeconomic landscape may not accurately reflect the speed of Bitcoin’s potential resurgence, predicting that a new peak could materialize before the close of the second quarter. This optimistic outlook persists despite ongoing uncertainties surrounding US economic policies and possible recession signals.

The cryptocurrency experienced a downturn, slipping below $100,000 on February 2nd, largely due to the impacts of President Trump’s tariffs and prevailing doubts regarding US interest rates. Coutts brings attention to a notable rebound forecast, citing favorable financial conditions, a weakening US dollar, and increased liquidity injections from the People’s Bank of China as vital drivers. He highlighted that recent trends indicate a marked reduction in volatility across interest rates and bonds, with liquidity levels playing a crucial role in sustaining investment momentum across various asset classes.